Xtract One Partners with Colorado Rockies to Enhance Stadium Security with SmartGateway

Xtract One ( (TSE:XTRA) ) just unveiled an announcement.

Xtract One Technologies has partnered with Major League Baseball’s Colorado Rockies to deploy its SmartGateway system at Coors Field. This collaboration aims to enhance stadium security by introducing a frictionless, AI-powered screening process that significantly reduces wait times and improves the overall game-day experience for fans. The deployment of SmartGateway aligns with the Rockies’ commitment to integrity and quality, offering a proactive security solution that unobtrusively scans patrons and detects threats without compromising privacy.

The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.

Spark’s Take on TSE:XTRA Stock

According to Spark, TipRanks’ AI Analyst, TSE:XTRA is a Neutral.

Xtract One’s overall score reflects strong revenue growth and recent strategic agreements, which support its market position and potential. However, significant financial challenges remain, including profitability and cash flow issues, which are major concerns. Technical indicators suggest mixed signals, and the valuation is challenging due to negative earnings.

To see Spark’s full report on TSE:XTRA stock, click here.

More about Xtract One

Xtract One Technologies is a leading provider of AI-driven threat detection and security solutions. The company specializes in unobtrusive weapons and threat detection systems designed to enhance safety while maintaining seamless experiences at entry and exit points. Their solutions cater to various sectors, including schools, hospitals, arenas, and stadiums, positioning Xtract One as a market leader in security technology.

Average Trading Volume: 91,701

Technical Sentiment Signal: Sell

Current Market Cap: C$98.29M

Find detailed analytics on XTRA stock on TipRanks’ Stock Analysis page.